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Lodestar Minerals Issues 2 Million New Securities

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Lodestar Minerals Issues 2 Million New Securities

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The latest update is out from Lodestar Minerals ( (AU:LSR) ).

Lodestar Minerals Limited has announced the issuance of 2,000,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its capital structure and potentially increase its market presence, impacting stakeholders by potentially improving liquidity and shareholder value.

More about Lodestar Minerals

Lodestar Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the discovery and extraction of valuable minerals, contributing to the supply chain of raw materials in the market.

YTD Price Performance: 21.43%

Average Trading Volume: 11,198,051

Technical Sentiment Signal: Sell

Current Market Cap: A$17.24M

See more insights into LSR stock on TipRanks’ Stock Analysis page.

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